Form 4: Snowflake Chief Revenue Officer Reports Stock Transaction

Christopher William Degnan, Chief Revenue Officer of Snowflake Inc., reports a transaction involving Class A Common Stock on March 10, 2025, including shares withheld for tax obligations and holdings in various family trusts.

Summary

• On March 10, 2025, Christopher William Degnan, the Chief Revenue Officer of Snowflake Inc., reported a transaction involving the company's Class A Common Stock.
• The transaction involved the withholding of 672 shares to satisfy tax obligations related to the vesting of restricted stock units at a price of $158.91 per share.
• Following the transaction, Degnan directly owns 360,702 shares of Class A Common Stock.
• Degnan also indirectly owns shares through several trusts, including The Degnan Family Trust (139,563 shares), Degnan Gift Trust (120,000 shares), Fairbanks GRAT No. I (50,000 shares), The Sudbury Trust (100,589 shares), and Sherborne GRAT No. I (50,000 shares).

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting a routine stock transaction for tax purposes. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding event related to vested stock units.

Key Dates